Looking at FIL's trend, an inverse head and shoulders pattern is brewing. More importantly, the price has rebounded strongly from the lower band of the Bollinger Bands—this is often a precursor to a reversal signal.
If this wave of market movement truly kicks off, the upper band of the Bollinger Bands at $1.66 becomes an interesting target. From a technical perspective, the conditions are basically in place; it now depends on whether the price can hold above the support level and establish an upward momentum. Once this pattern is confirmed, the upward strength is often quite vigorous. The opportunity to go long might be right in front of us.
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WenAirdrop
· 5h ago
Inverse head and shoulders + Bollinger Bands rebound, this combination sounds quite interesting, but I don't know if it can really push up to 1.66
FIL has been quite volatile lately, but the rebound strength is indeed a bit fierce, so the support levels need to be watched carefully
It's that time again where "the opportunity is right in front of you." The last time I said this... never mind, let's just see how it performs next
Rebounds from the lower Bollinger Band are usually reliable, but only if there's no sudden crash afterward, otherwise all technical analysis is useless
$1.66 huh, that's a bit far, it would be awkward if it drops back in the middle, but based on the current trend, there is indeed hope
Why does it feel like all coins are gathering strength lately? Is this time really different for FIL?
Stabilizing above the support level is the key; looking good on charts isn't enough, the data must support it
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HalfIsEmpty
· 14h ago
Inverse head and shoulders + Bollinger Bands rebound, this combo definitely has some potential, but breaking through the key level at $1.66 is tough.
Rebounds from the lower band often fall back quickly, it depends on the volume.
Wait a minute, is the buying opportunity right in front of us? Bro, you're making me laugh. Only those with some courage can still see the opportunity now.
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LiquidationWatcher
· 14h ago
Inverse Head and Shoulders + Bollinger Bands rebound, sounds good, but I don't know if it can really break through this time.
The 1.66 level feels a bit risky; it depends on whether the trading volume supports it.
Technical analysis looks good, but the key is whether the big players are willing to spend money; otherwise, it's another bear trap.
FIL, this tricky thing, every time it seems like it's about to take off, it crashes. I need to be cautious.
Where is the support level? It feels like the original poster didn't explain clearly.
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AirdropNinja
· 14h ago
Inverse Head and Shoulders + Bollinger Bands rebound, it does sound a bit promising, but I really want to know if we can actually break above 1.66 this time.
The biggest fear for FIL is repeated pump and dump; whether the support levels are stable is the key, right?
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1.66 still feels a bit uncertain; it depends on whether the trading volume can support it.
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If this wave can really rise, I'll pop champagne, but the prerequisite is to stay above the support, brother.
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I've seen too many false breakouts with Bollinger Bands' lower band rebound; let's wait for confirmation signals.
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Am I the only one who thinks this might just be another false alarm?
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The conditions are there, but I'm worried about a dump coming overnight. You know FIL's temperament, right?
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1.66? Dream on. First, ask if we can reach 1.2, then talk.
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Reversal signals appear every day, but in the end, it still depends on luck.
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LiquidationSurvivor
· 14h ago
Inverse head and shoulders pattern, I've seen it too many times, and I've been slapped in the face quite a few times haha
Can 1.66 really break? Let's see if it can hold above 0.8 first
Bollinger Bands rebound? I only trust volume to speak
Every time I get optimistic, I get trapped. Forget it, I'll just stay on the sidelines
The "opportunity" to go long... I've heard this word so many times my ears are calloused
No matter how perfect the technicals are, they can't beat a negative news story. I've already stepped into the FIL trap once
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GasFeeDodger
· 14h ago
Inverse head and shoulders plus Bollinger Bands rebound, this combo is pretty fierce. I need to keep an eye on the 1.66 level.
If FIL can really hold this support, the rebound could be quite strong.
Every time it bounces off the lower Bollinger Band, I want it to go higher, but it depends on whether it can really form an upward momentum this time.
If 1.66 breaks, then it counts. It's still a bit early to say anything now.
This pattern is indeed interesting, just not sure if it will play out. FIL has been quite stubborn lately.
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VitaliksTwin
· 14h ago
Inverse head and shoulders? Bollinger Bands? Bro, I'm tired of your analysis. You always say the conditions are met. What about the $1.2 you mentioned last time?
Looking at FIL's trend, an inverse head and shoulders pattern is brewing. More importantly, the price has rebounded strongly from the lower band of the Bollinger Bands—this is often a precursor to a reversal signal.
If this wave of market movement truly kicks off, the upper band of the Bollinger Bands at $1.66 becomes an interesting target. From a technical perspective, the conditions are basically in place; it now depends on whether the price can hold above the support level and establish an upward momentum. Once this pattern is confirmed, the upward strength is often quite vigorous. The opportunity to go long might be right in front of us.